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India, the US, France and the UK had been high supply nations for FDI into the emirate. India was the highest supply nation with the very best complete estimated FDI capital into Dubai, accounting for 21.5 per cent, adopted by the US (13.7 per cent), France (11 per cent), United Kingdom (10 per cent), and Switzerland (6.9 per cent), based on Dubai Division of Economic system and Tourism’s Dubai FDI Monitor.
Whereas Greenfield FDI initiatives in 2024 was at par with 2023 efficiency of 73.5 per cent, reinvestment FDI initiatives elevated in 2024 to three.3 per cent from 1.2 per cent in 2023. The variety of introduced Indian FDI initiatives additionally elevated to 275 from 249 in 2023. This pushed India from third to second place in venture depend rankings.
In response to the report, India’s investments had been concentrated in key sectors, with Enterprise Providers accounting for 26.9 per cent of initiatives, adopted by Software program & IT Providers (23.6 per cent), Shopper Merchandise (9.8 per cent), Meals & Drinks (8.4 per cent), and Actual Property (6.9 per cent).
Actual property dominated with a 51.4 per cent share, adopted by Motels and Tourism (9.5 per cent), Transportation and Warehousing (8.4 per cent), Enterprise Providers (6.4 per cent), and Shopper Merchandise (6.2 per cent).
Dubai ranked world’s high vacation spot for attracting Greenfield FDI for fourth successive 12 months. Complete estimated FDI capital surged by 33.2 per cent, the very best single-year worth recorded since 2020.
In 2024, Dubai attracted AED 52.3 billion ($14.24 billion) in estimated FDI capital, a 33.2 per cent enhance from AED 39.26 billion ($10.69 billion) in 2023, marking the very best FDI worth ever recorded in a single 12 months for the emirate since 2020.
Dubai attracted a record-breaking 1,117 Greenfield FDI initiatives in 2024, the very best in its historical past. Dubai additionally achieved a historic milestone in FDI attraction with 1,826 introduced FDI initiatives, an 11 per cent enhance from 1,650 initiatives in 2023, mentioned the report.
“Town’s rating because the world’s No.1 vacation spot for attracting Greenfield FDI for the fourth consecutive 12 months is a testomony to its capability not solely to set new international benchmarks for sustained, speedy development but additionally to constantly evolve its funding proposition in response to modifications sweeping the worldwide market,” mentioned Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai.
